Showing posts with label FCC. Show all posts
Showing posts with label FCC. Show all posts

2018-11-17

Tech Review | Priyanka Chopra: Technology Gives Us Freedom (video)

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-11-17)--Domain Mondo's weekly review of tech investing news with commentary, analysis and opinion: Features • 1) Priyanka Chopra: Technology Gives Us Freedom, 2) Fintech: The Business Case For Financial Inclusion, 3) Investing: The Week, Investing Notes, 4) ICYMI Tech News: Facebook, Nvidia, IBM, SAP, Alibaba, FCC, SpaceX, Cloudflare.

1) Priyanka Chopra: Technology Gives Us Freedom

Priyanka Chopra may be known for acting, but now she's investing in tech companies. In an interview with CNN, Chopra tells Laurie Segall why she's investing in Bumble (bumble.com). CNN.com businesss video above published Nov 5, 2018.

2) Fintech: The Business Case For Financial Inclusion

1.7 billion adults across the globe do not have a bank account. The data revolution and innovations in digital finance have the potential to provide access to financial services for everyone and offer huge growth opportunities.Video above published Nov 2, 2018, by FT.com.

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: NASDAQ Composite -2.15% | S&P 500 Index -1.61% | DJIA -2.22%
S&P chart pattern points to breakout ahead, technician says--cnbc.com
Wall Street's Charging Bull
graphic of Charging Bull | DomainMondo.com
Investing Notes:


4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
$FB
  • Meltdown at Facebook $FB? More than 50 interviews conducted by the New York Times reveal Facebook's failures in dealing with multiple crises, which Zuckerberg and Sandberg initially tried to obscure. "Delay, Deny and Deflect: How Facebook’s Leaders Fought Through Crisis"--NYTimes.com. Facebook's Sheryl Sandberg replied. See also Facebook Board and this on "Facebook Fights Dirty."
  • IBM $IBM: Why There Will Never Be Another Red Hat: The Economics of Open Source--a16z.com.
  • Alibaba $BABA sets new Singles’ Day record with $31B in sales, but growth is slowing--techcrunch.com.
  • FCC approves expansion of satellite-based internet services: Telesat, Kepler Communications Inc and LeoSat MA, Inc. approved for high-speed internet service and connectivity for sensors and other intelligence devices a/k/a IoT (Internet of Things). SpaceX approved for access to additional frequency and to operate some satellites at low-Earth altitudes--FCC Boosts Satellite Broadband Connectivity And Competition In The United States | fcc.gov (pdf). 
  • Personal tech: Cloudflare's 1.1.1.1 DNS resolver app--cloudflare.com.

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


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2018-01-09

CES 2018 Livestream Tuesday: FTC, White House Deputy CTO, FCC

 CES Livestream

CES 2018 Livestream Schedule | CES 2018 Jan 9-12 (all times PST)

Date and time Las Vegas, NV (PST): 

Tuesday, Jan 9th, at CES |
 Livestream highlighted sessions:

• SuperSession: Insights from the FTC | CES 2018 11:30 AM-12:30 PM:
FTC Acting Chairman Maureen Ohlhausen sits down with CTA President and CEO Gary Shapiro for a candid conversation about the challenges facing the agency and navigating the constantly evolving technological landscape. Background:

•  Innovation Policy | CES 2018 2:15-2:30 PM:  Q&A with White House Deputy CTO Michael Kratsios on the Trump Administration’s approach on innovation and technology policy.

• 2018 Preview: FCC Commissioner Roundtable | CES 2018 3:30-4:30 PM: FCC Commissioners will discuss critical regulatory and policy issues, including: infrastructure, spectrum allocation, 5G, privacy, accessibility, the Internet of Things, regulatory reform, disruptive innovation, and technological convergence, among other hot topics.
source: CES


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2017-12-16

Tech Review | Bitcoin Futures Start Trading On CME Globex Monday

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2017-12-16)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1)  Bitcoin Futures Start Trading On CME Globex Monday, 2) Antitrust & Tech, 3) Investing: The Week, Investing Notes: China, EU, US Stocks vs Gold, The Swamp, 4) ICYMI Tech News.

1) Bitcoin Futures Start Trading On CME Globex Monday Dec 18

Bitcoin futures surged more than 20% on their Cboe debut this week, forcing a major US derivatives exchange to halt trading twice as Wall Street seeks to ride a wave of interest in the controversial digital currency. A second bitcoin futures market launches Monday (Dec 18) on CME Globex. Financial Times (ft.com) video above published Dec 11, 2017.

CME Group Self-Certifies Bitcoin Futures to Launch Dec. 18 | cmegroup.com: "The new contract will be listed on and subject to the rules of CME. It will be available for trading on the CME Globex electronic trading platform, and for submission for clearing via CME ClearPort, effective on Sunday, December 17, 2017 for a trade date of December 18. CME Group's Bitcoin futures will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin. Since November 2016, CME Group and Crypto Facilities Ltd. have calculated and published the BRR, which aggregates the trade flow of major bitcoin spot exchanges during a calculation window into the U.S. Dollar price of one bitcoin as of 4:00 p.m. London time. The BRR is designed around the IOSCO Principles for Financial Benchmarks. Bitstamp, GDAX, itBit and Kraken are the constituent exchanges that currently contribute the pricing data for calculating the BRR." For more info: cmegroup.com/bitcoinfutures.

CME Globex | cmegroup.com/globex: "CME Globex is the premier electronic trading system providing global connectivity to the broadest array of futures and options across all asset classes. CME Group technology facilitates electronic trading, providing users across the globe with virtually 24-hour access to global markets ..."

CME Group Inc.(Chicago Mercantile Exchange & Chicago Board of Trade) is a U.S. based financial market company operating an options and futures exchange. It owns and operates large derivatives and futures exchanges in Chicago, New York City, and exchange facilities in London, using online trading platforms. It also owns the Dow Jones stock and financial indexes, and CME Clearing Services, which provides settlement and clearing of exchange trades. The exchange-traded derivative contracts include futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, rare and precious metals, weather, and real estate. Corporate headquarters are in Chicago in The Loop.
But also read:

2) Antitrust & Tech: 
  • Antitrust should be used to break up partisan tech giants like Facebook, Google | TheHill.com: "How much face time will your news story get on Facebook? How many eyes will ogle it on Google? Too often, this is apparently determined not by whether the story is “fake” news or newsworthy, but by whether it’s politically correct. And it’s time to break up the Internet’s left-wing, information-conduit oligopoly." 
  • U.S. Senator Richard Blumenthal's letter (pdf) to the U.S. Department of Justice Antitrust Division re: Comcast-NBC merger--Senator Blumenthal asked the Trump administration's top antitrust prosecutor, Makan Delrahim, to revisit the deal and to try to keep in place conditions set to expire next year. "Given your responsibilities as head of the Antitrust Division to enforce our nation’s antitrust laws, it is incumbent on you to continue to ensure that Comcast’s acquisition of NBCU does not undermine free and fair competition," Blumenthal wrote. The Connecticut Democrat also asked Delrahim to consider splitting up the two companies if he finds that their merger has dampened competition.
  • US Senator Elizabeth Warren (D-MA) backs Trump's DOJ over AT&T-Time Warner merger | TheHill.com: "While DOJ’s action on the AT&T-Time Warner merger is a good step, one case alone does not prove that DOJ will be the strong antitrust enforcer that America needs."--Senator Elizabeth Warren.

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week:  Stocks Hit Records With GOP Set to Unveil Tax Bill: Markets Wrap | Bloomberg.com:  U.S. Dollar (USD) advances with gold and crude, Treasuries steady, S&P 500, Dow Industrials, Nasdaq indexes all reach fresh highs.

Investing Notes:

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
  • Tech Hub London: London's Housing Market Is Still a Money Machine--Bloomberg.com.
  • Cord Cutters--ZeroHedge.com: New Study Says 40% Of American Households Will 'Cut The Cord' By 2030. 
  • Is Alibaba [$BABA] Eating JD.com's (NASDAQ:JD) Lunch? | SeekingAlpha.com
  • Alibaba to buy 30% of India's online grocer BigBasket for $300M, with $80M of the investment used to buy shares from existing shareholders--indiatimes.com.
  • Baidu (NASDAQ:BIDU) (domain: baidu.com) has a dominant position in China's search market with a 76% share of online search and an 82.5% share of China's mobile search market. China is the largest online market in the world with roughly 730 million users, a penetration rate of only 52%, and an annual ad spending growth rate of 32%--SeekingAlpha.com.
  • Life is Short | paulgraham.com: "As I've written before, one byproduct of technical progress is that things we like tend to become more addictive. Which means we will increasingly have to make a conscious effort to avoid addictions—to stand outside ourselves and ask "is this how I want to be spending my time?" As well as avoiding bullshit one should actively seek out things that matter ... But most people start out with a life that's a mix of things that matter and things that don't, and only gradually learn to distinguish between them."

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


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2017-12-10

News Review | FCC Votes To Kill U.S. Internet Net Neutrality, Video Replay

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2017-12-10) with analysis and opinion: Features •  1) FCC To Kill U.S. Internet Net Neutrality on December 142) ICANN news: FY18 Q1, Failing New gTLD, and more, 3) Names, Domains & Trademarks: a. ICANN Enabled Fraud & Theft of Domain Names, b. Trademark Infringement, c. Domain Brokers, GDPR & WHOIS, d) Antitrust, 4) ICYMI: Wuzhen Summit (4th WIC), 5) Most Read.

1)  UPDATE: FCC Votes 3-2 To Kill U.S. Internet Net Neutrality Title II Rules
 FCC Open Commission Hearing December 14, 2017
Open Federal Communications Commission (FCC) Hearing, December 14, 2017, 10:30 am – 12:30 pm EST, Room TW-C305, 445 12th Street S.W., Washington, DC. Watch the LIVE webcast replay below.

FCC Open Commission Meeting - December 14, 2017

Net Neutrality Issue begins at 01:09:52

The U.S. FCC proceeded with its scheduled December 14 vote to kill net neutrality rules despite calls for delay by consumer groups (pdf) (embedded below), and others, strongly urging the FCC to delay the vote on the “Restoring Internet Freedom” draft Order until resolution of the pending en banc Ninth Circuit case FTC v. AT&T Mobility LLC, 835 F.3d 993 (9th Cir. 2016), reh’g en banc granted, No. 15-­‐16585, 2017 WL 1856836 (9th Cir. May 9, 2017), which, if decided in favor of AT&T, would strip the Federal Trade Commission (FTC) of oversight authority over ISPs like AT&T, Verizon, and others, leaving consumers completely unprotected. The impact on startups and small and medium size businesses from the FCC's proposed Order, is also of great concern.

UPDATES: 
Want to stop the FCC? Go to Protect the Open Internet Order | EFF Action Center.

Highlighting added to embed of consumer groups letter below:

See also:

2) ICANN news
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. ICANN Quarterly Report FY18 Q1 (presentation and recordings) excerpt:

See also: FY19 Process Overview - Finance Community Wiki | ICANN.org.

b. Failing New gTLD: .WED Placed in Emergency Back-End Registry Operator (EBERO) Program | ICANN.org"Registry operator, Atgron, Inc., which operates gTLD .WED, experienced a Registration Data Directory Services failure, and ICANN designated EBERO provider Nominet as emergency interim registry operator. Nominet has now stepped in and is restoring service for the TLD."

c. CCT-RT: Webinar: Competition, Consumer Trust, and Consumer Choice Review New Sections of Draft Report | ICANN.org: 18 December 2017 Time: 16:00 – 17:00 UTC, more info at link above.

d. GNSO: GNSO Council Strategic Planning Session 29 – 31 January 2018, Los Angeles (pdf)--Editor's note: Trying to make the unbalanced & inherently dysfunctional, functional?

e. 2017 Reconsideration Requests Status Update 07 Dec 2017: reconsideration-requests-status-2017-07dec17-en.pdf [104 KB].

f. Auction Schedule: New gTLDs "On Hold" (highlighting added):

3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. ICANN Enabled Fraud & Theft of Domain Names--Artful Misrepresentations of UDRP Jurisprudence:"... [UDRP] panelists do not walk in lock-step, and since there is no “appellate” authority to correct errors of law (in the U.S. only the Anticybersquatting Consumer Protection Act (ACPA) ..."--IPLegalCorner.com

b. Trademark Infringement: Apple vs Xiaomi--"Mi Pad” tablet computer denied EU trademark because the name is too similar to Apple’s “iPad”--Reuters.com.

c. Domain Names: i. The state of domain name brokers | OnlineDomain.com: "There are a few, probably less than 10, that are pretty good ...;" and ii. GDPR Updates: Whois Changes | OpenSRS.com.

d. Antitrust: Hearing | United States Senate Committee on the Judiciary | judiciary.senate.gov: The Consumer Welfare Standard in Antitrust: Outdated or a Harbor in a Sea of Doubt? Subcommittee on Antitrust, Competition and Consumer Rights Date: Wednesday, December 13, 2017 at 02:30 pm EST - Watch LIVE.
“I think people are understanding just how poorly structured these institutions are, how sloppily they were built ... It’s not just a matter of the fact that these people have too much power, it’s also that they are sloppy in the use of their power.”--Barry Lynn--Google critic takes on tech giants | TheHill.com"Since the 1980s, antitrust policy in the U.S. has largely drawn from what’s known as the Chicago School, which holds that competition regulators should focus on how consumers are impacted by issues like pricing when deciding whether to take action against a company. The new antitrust movement argues that framework is too narrow and that regulators also need to take into account a company’s effects on its competition."

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
Wuzhen Summit--4th World Internet Conference, Dec 3-5, Wuzhen, China:
The U.S. can no longer ignore China as a global internet player | brookings.edu by Ryan Hass* who attended the World Internet Conference in Wuzhen for the first time this year:
"The Chinese government is aggressively moving to attract international support for its vision for internet rule-making and management, while the United States government appears largely missing in action."
*From 2013 to 2017, Ryan Hass served as the director for China, Taiwan and Mongolia on the Obama administration's National Security Council (NSC) staff. 

5) Most Read Posts (# of pageviews Sun-Sat) this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com
1. News Review | China Hosts 4th World Internet Conference (WIC) Dec 3-5.
2. Smartphone Maker Xiaomi Seeking A $50 Billion IPO Valuation (video)
3. Cboe Launches Bitcoin Futures Trading in Chicago On Sunday (video)
4. Tech Review | The Internet Broke The Media & There's No Going Back 
5. Brexit: Luring Tech Talent to the UK vs EU (video)
6.  Tech Review | U.S. Tax Reform: What It Means For Big Tech (video) 

-- John Poole, Editor, Domain Mondo

Note: original post title: News Review | FCC To Kill U.S. Internet Net Neutrality on December 14

feedback & comments via twitter @DomainMondo


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2017-12-09

Tech Review | U.S. Tax Reform: What It Means For Big Tech (video)

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2017-12-09)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) U.S. Tax Reform: What It Means For Big Tech, 2) FCC scheduled to kill net neutrality next week, 3) Investing: The Week: Wall Street's Record Highs, Investing Notes: Silicon Valley Reckoning?, 4) ICYMI Tech News.

1) What Tax Reform Means for Big Tech

Bloomberg.com video above published Dec 4, 2017: The U.S. Senate has passed its version of the tax bill and we are now waiting for a final version to be worked out between the House and Senate. Just how will tax reform impact big technology corporations like Apple, Facebook, Google and Amazon?

See also: Israel may adjust corporate tax after U.S. slash - finance minister | reuters.com.

2) FCC scheduled to kill net neutrality in U.S. this coming week. Watch the LIVE webcast December 14 from 10:30 am to 12:30 pm EST. See also:

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: Dow, S&P 500 close the week at Record Highs

Investing Notes: Silicon Valley Reckoning?

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


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2017-11-18

Tech Review | Tencent Posts Fastest Growth in Seven Years (video)

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2017-11-18)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Tencent Posts Fastest Growth in Seven Years, 2) Social Media & Fake News, 3) Cord Cutters OTT Subscriptions, 4) Investing: The Week, S&P 500 Index, Investing Notes, Tax Reform, 5)ICYMI.

1) Tencent Posts Fastest Growth in Seven Years

Bloomberg.com video published Nov 15, 2017:  Tencent Holdings Ltd. (Domain: tencent.com) posted its strongest growth in more than seven years, riding the success of games like Honour of Kings and a rapidly expanding internet advertising business. Bloomberg's Peter Elstrom reports on "Bloomberg Technology."
Tencent's Q3 earnings beat expectations, profit of $2.7B up 69% YOY, revenue of $9.8B, up 61% YOY, due to mobile and desktop gaming businesses.

Tencent Holdings Ltd shares HKG: 0700 (pricing in HKD)
 Tencent

2)  Social Media & Fake News: How did the news go ‘fake’? When the media went social | TheGuardian.com"In all the fuss over misinformation, one crucial aspect is ignored: the way people now perform their relationship with news in order to win the approval of others." 

See also: How We Can Be Certain That Mueller Won't Prove Trump-Russia Collusion? | ZeroHedge.com"Following the presidential election last year, anonymous sources from within the intelligence community were hemorrhaging leaks to the press on a regular basis that were damaging to the incoming administration. If there was any evidence to be found that Donald Trump colluded with the Russian government to steal the 2016 election using hackers and propaganda, the US intelligence community would have found it and leaked it to the New York Times or the Washington Post last year. Mueller isn’t going to find anything in 2017 that these vast, sprawling networks wouldn’t have found in 2016." --[Editor's note: which is why Wall Street and the markets have never paid serious attention to all the crazy "fake news" anti-Trump stories constantly issued by liberal media (WaPo, NYTimes, CBS, NBC, ABC, CNN, et al) since the election, which are now wearing thin even in "the Swamp."]

3) Cord Cutters in the U.S. can pick from more 200 OTT Subscription Services, but the top three dominate: 1. Netflix; 2. Amazon Video (Amazon Prime); 3. Hulu (SVOD)--ParksAssociates.com. [Editor's Note: Add in YouTube.com and Google Play Movies & TV a la carte via internet streaming, app or Chromecast, what else do you need?] See also: 
  • TheVerge.com: Disney’s streaming service has won, and it hasn’t even launched yet--When you have the most important franchises in the world, nothing else matters.
  • SeekingAlpha.com: The Brilliance Of Google's YouTube Strategy.
  • TheStreet.com: Cord-cutting Is Leading Disney, Fox and Others to Take Drastic Action.

4) Investing
graphic “Investing” ©2017 DomainMondo.com
The WeekWall Street ends the week on a weak note as investors remain focused on the tax bill | fxstreet.com: Following Thursday's rally, major equity indexes in the U.S. started Friday under pressure and "closed with modest losses as investors speculate the fate of the tax bill." [Editor's Note: see Tax Reform under Investing Notes below.]
 S&P 500
The US benchmark S&P 500 index has hit dozens of records in 2017, and recently set a record for how long it has gone without a decline of 3%, and as of November 14 it hasn’t closed with a drop of 0.5% in 50 sessions, the longest such stretch since 1968, according to data from LPL Financial--MarketWatch.com.

Investing Notes:
"Corporate incentives have been perverted in the past decade, and instead of allocating capital to ensure long-term business growth, companies have rushed to cash out, with shareholders benefiting the most, while management teams got record bonuses as a result of their stock price-linked compensation bogeys ... the only thing Trump's [tax] reform will achieve is to dramatically accelerate recently slowing [stock] buybacks, which in turn will push stocks to new all time highs"--The Moment Gary Cohn Realized His Entire Economic Policy Is A Disaster | ZeroHedge.com.
See also: Let's be honest — this isn't actually tax reform | TheHill.com.
  • Richest 1% Now Own More Than 50% of the World’s Wealth--Fortune.com: analysts at Swiss bank Credit Suisse say inequality is only going to get worse over the coming years, with millennials having a particularly tough time. The Global Wealth Report was released Tuesday together with a statement: "The outlook for the millionaire segment is more optimistic than for the bottom of the wealth pyramid.”
  • Public pensions all over the U.S. are in trouble, drastically understating the current value of future liabilities. In the opinion of Yale's Chief Investment Officer David Swensen, the  projected annual returns of many pension funds will be increasingly difficult to hit in the coming years.  Swensen told Bloomberg.com, despite achieving a 13.5% annual return over the past 32 years, he is now preparing university officials for much lower returns averaging around 5% for the foreseeable future.
  • Vanuatu: The Final Days of a Tax Haven | Bloomberg.com.
  • European Stocks Suffer Longest Losing Streak In Over A Year (As EU Credit Crashes) Nov 15, 2017--ZeroHedge.com.
  • Bitcoin Twice Burned--Mt. Gox’s bitcoin customers could lose again--Reuters.com. See also Tezos, a cryptocurrency that raised $232 million in July, is in crisis--"One of the biggest cryptocurrency crowdsales hasn’t lived up to the hype"--ArsTechnica.com.
  • Frothy: Da Vinci portrait of Christ sells for record $450.3 million in NYC--Reuters.com.
  • "How To Forecast Markets"--A Departing Top JPMorgan Strategist Reveals What He Learned After 30 Years--ZeroHedge.com"Markets are not Math or Engineering, but a forever learning and adapting system with all of us observing and participating from the inside."
  • Keep It Simple: 11 Rules for Equity Valuations | CFAinstitute.org: 1. Avoid Complexity. 
Editor's Note: Next week the New York Stock Exchange (NYSE) and NASDAQ will not open on Thursday, Nov 23, in observance of the Thanksgiving Day holiday, and both will close early at 1 p.m. EST on Friday, Nov 24.

5) ICYMI Tech News:

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


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2017-08-05

Tech Review: Why Radio Spectrum Is Worth US$ Billions (video)

Tech Review (TR 2017-08-05)--Domain Mondo's weekly review of tech news:
Features • 1) Why Radio Spectrum Is Worth Billions (US$), 2) Amazon 1492 health care tech, 3) FCC & Broadband, 4) Tech Firms Expand in UK, 5) ICYMI Tech News.

1) Why Radio Spectrum Is Worth Billions (US$)

Governments around the world have reaped billions of dollars from selling something we can’t see, taste or weigh: radio spectrum. These invisible electromagnetic waves carry radio, TV broadcasts and, increasingly, YouTube videos to our smartphones. With demand exploding, mobile capacity is being strained. TV stations will need be squeezed into a narrower swath of spectrum as mobile operators buy up the old airwaves to keep our smartphones online. (Video by Tom Gibson, published Jul 28, 2017, by Bloomberg.com.)

Other Tech News:

2)  Amazon has a secret skunkworks lab called 1492, dedicated to health care tech. Areas of exploration include a platform for electronic medical record data, telemedicine and health apps for existing devices like the Amazon Echo.--cnbc.com

3) The FCC now defines broadband internet as the ability to download information at 25 Mbps and to upload it at 3 Mbps--"For around $30 a month, New York City internet providers offer basic packages of 100 Mbps service. In Saguache County [Colorado], such a connection is rare; if a household wants a download speed of 12 Mbps with an upload speed of 2 Mbps, they can expect to pay a whopping $90."--The Worst Internet In America | FiveThirtyEight.com

4) What's Brexit? Tech Firms Expand Presence in U.K.

Amazon.com Inc. is expanding the size of its new U.K. headquarters to support the growth of its Prime Video service in Europe. Bloomberg's Caroline Hyde reports on "Bloomberg Technology" on Jul 25, 2017.

5) ICYMI Tech News:
  • Uber, Lyft Mangle Rental Cars & Taxis. Other Sectors Next | WolfStreet.com"Overall car ownership might experience “negative growth,” as more people in densely populated urban areas might decide that it’s easier and cheaper to pay per ride when needed, and use mass transit at other times, or use a combination of both, rather than paying 24/7 for the overall expense and hassles of owning, driving, parking, and maintaining a car, including paying for tickets and taxes."
  • China's second-largest mobile search engine Sogou, controlled by Sohu.com [SOHU.O] and 45 percent owned by Tencent Holdings [0700.HK], will focus on artificial intelligence (AI) as it aims to build a next-generation search engine. It also plans an Sogou IPO in the U.S. "as early as market conditions permit"--Reuters.com
  • China's Problems Go Beyond Anbang Ins. Group Co. | Bloomberg.com"... It is one thing to crack down on future transactions, as has been done with other prolific dealmakers such as Fosun International Ltd. Or even to intervene in local business, as with Dalian Wanda Group Co. It's quite another to inject the state into already-closed private deals abroad ..." 
  • The five largest market capitalization stocks today, Apple, Alphabet, Microsoft, Facebook, and Amazon trade at premium valuation ratios. "When looking back to 1994, and 1990, concentration levels today are higher in the top-five, and top-ten, S&P 500 market capitalization equities."--SeekingAlpha.com

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


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